depends on the. The gbpusd resumes the decline Analysis - 04:18:32 GMT (m). Midday update for the gbpusd 10:21:44 GMT (m the gbpusd pair trades with clear negativity to reach our first waited target.3100, to keep the bearish trend valid and active for the rest of the day, supported by moving below the EMA50. EUR/usdthe pair initially fell during Fridays session reaching down towards the.12 level but found plenty of buyers underneath to turnaround and show signs of strength. The gbpusd reaches the extended target Analysis - 04:31:24 GMT (m the gbpusd pair continued its strong decline on last Friday to reach the thresholds of the main waited target.2962, and returns to fluctuate around.3000 barrier, noticing that the price broke. Midday update for the gbpusd 09:57:23 GMT (m the gbpusd pair keeps providing negative trading and presses on the bullish trend line that appears in the image, keeping the bearish trend scenario active in the upcoming sessions, targeting testing.
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Fundamental Analysis of USD/CAD for March 19, 2019.03
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The gbpusd surpasses the first target Analysis - 05:30:12 GMT (m the gbpusd pair managed to surpass our first waited target.3100 and settled below it, which supports the continuation of the bearish trend expectations, waiting to head towards our next target. The gbpusd achieves intraday gains Analysis - 04:20:14 GMT (m the gbpusd pair bounced upwards clearly to surpass the EMA50 and settles above it, which turns the intraday track to rise, targeting testing.3226 level mainly. The gbpusd keeps its negative stability Analysis - 04:57:48 GMT (m). Midday update for the gbpusd 10:05:18 GMT (m the gbpusd pair provided clear positive trades to approach the key resistance.3120, accompanied by stochastic losing the positive momentum and approaching the overbought areas, waiting to motivate. The gbpusd pair bounced downwards clearly after testing the EMA50, which formed solid resistance against the prices recent positive attempts, noticing that stochastic provides negative. Midday update for the gbpusd 10:19:01 GMT (m). On the longer-term charts,.12 level underneath continues to offer strong support. The gbpusd pair showed new attempt to breach.3226 level but it returns to settle below it, as it provided clear negative trades to surpass the EMA50, which supports the expectations of continuing.
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